7205 Stonehenge DrRaleigh, NC 27613

Property Details for 7205 Stonehenge Dr

Year built

1993

Construction

BRICK

Lot size

0.87 AC

Property size (Sq ft)

6,415 SF

Zone code

OX-3

Property type

Healthcare properties

Property subtype

Medical offices

APN

0797.10-47-5472 0160439

APU

797104754720160439

Description

This exceptional standalone medical office building, located at 7205 Stonehenge Dr in Raleigh, NC, presents a unique investment opportunity. The 6,682 square foot building, constructed in 1993, is situated on a 0.87-acre lot and features two stories. Its convenient location off Creedmoor Road, between I-540 and Highway 70, provides excellent accessibility. The property is zoned OX-3, making it ideal for medical practices. Offered at $2,350,000, this owner/user opportunity allows for the acquisition of a high-demand medical office space in a thriving Raleigh market. The building's standalone nature offers significant advantages, including ample parking and high visibility. This is a rare chance to secure a well-established medical office building in a prime location. The property's size and zoning make it suitable for a variety of medical uses, providing flexibility for potential buyers. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,573,839

  6.5%

  $1,452,774

  7%

  $1,349,005

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,592,033

  Geo Method

  $1,472,499

• Alternative Use

  Use

  Valuation

  Residential

  $1,801,440

  Hospitality

  $1,650,110

  Educational

  $1,372,872

  Medical

  $1,420,087

  Retail

  $2,135,578

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.8858

Longitude

-78.6807

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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